Saturday, September 12, 2009

Yet Another Bank Destroys Yet Another Great Small Business

BNP-Paribas has the French courts' permission to raise Brentano's rent from 7000 to 20,000 euros per month.  The sad result?  Brentano's, Paris's American bookstore since 1895, closes its doors today.  :(

A lot of the Charing Cross Road book shops in London have met with the same sorry fate. :(

BNP-Paribas' slogan seems particularly appropriate:  "The bank for a changing world."  Changing not necessarily for the better, it seems...

Now I wonder, what will happen to The Village Voice on rue Princesse, or The Red Wheelbarrow in the Marais?  To Shakespeare & Co.?

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